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imageISLAMABAD: The mobile phone imports into the country increased by 8.24 percent during the first month of the year 2014-15 over the same period of last year.

The imports of mobile phone into the country during the month of July (2014-15) were recorded at $48.362 million against the imports of $44.679 million during July (2013-14), according to the data of Pakistan Bureau of Statistics (PBS).

On month on month basis, the mobile phone imports into the country during July also surged by 5.22 percent when compared to the imports in June 2014.

Similarly, the overall telecom imports also increased by 22.55 percent during the period under review over the same period of last year.

The imports of telecom in to the country during the month of July 2014,were recorded at $125.398 million against the imports of $102.327 million in July 2013.

On month on month basis, the telecom imports during July 2014 decreased by 36.83 per cent from $198.511 million in June 2014 to $125.398 million.

It may be mentioned here that country's trade deficit narrowed by 16.58 percent during the first month of the ongoing fiscal year (2014-15) compared to the same month of last year, mainly owing to decline in imports into the country.

The imports into the country decreased by 11.80 percent in July 2014 compared to the imports of July 2013.

The imports into the country were recorded at $3.364 billion in July 2014 compared to the imports of $3.814 billion in July 2013, the PBS data revealed.

Exports from the country, however, also decreased by 7.88 percent by going down from $2.095 billion in July 2013 to $1.930 billion in July 2014.

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